NZD/JPY Double Bottom Signals a Potential Push Toward 90 as 88 Support Holds

NZDJPY formed a double bottom and showed a minor pullback. The uptrend seems to be leaning toward favorability if the 88 support holds.

Technicals	CMP-88.91	Trend
1- Hour chart	Value
55 EMA	88.78	CMP>value	Bullish
200- EMA	90.21	CMP <value	Bearish
365- EMA	89.30	CMP<value	Bearish
EMA	91.20	CMP<Value	Bearish

 Near-term resistance - 89/89.60/90/90.80/91.25/91.80/92/92.30/93.20. Near-term support- 88/87/86.34.

Momentum indicator	Inference	Value
CCI(50)	Bullish	52.48
ADX	Neutral

 It is good to buy on dips around 88.48-50 an SL around 88 for a TP of 90.